After the US election debate, Trump-related stocks and cryptocurrency concept stocks fell before the market opened
After the US election debate, Trump Media Technology Group (DJT.O) fell 13% before the market opened. Blockchain concept stocks fell across the board, MicroStrategy (MSTR.N), Riot Platforms (RIOT.O) fell about 3%, and Coinbase (COIN.O) fell 2%. (Jinshi)
Standard Chartered Bank launched crypto custody services in the UAE after receiving its digital asset custody license from the Dubai Financial Services Authority (DIFC).📣
Tether, TRON, and TRM Labs have launched the T3 Financial Crime Unit (T3 FCU) to combat illegal activities on the TRON blockchain. The unit has already frozen over $12m in USDT linked to criminal schemes, and collaborates with law enforcement to fight crimes like fraud and terrorism financing.💰
10x Research: Cryptocurrency market short-term volatility intensifies, Trump's re-election and FTX compensation may boost year-end price increases
Markus Thielen, founder of 10x Research, said in an interview with CNBC that more short-term volatility is expected in the cryptocurrency market, but Trump's possible re-election and the upcoming FTX creditor compensation will support prices at the end of the year.